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India’s crypto landscape just took a decisive turn as a landmark Bombay High Court ruling cemented crypto exchanges’ fiduciary responsibilities and strengthened protections for digital asset investors. Bombay High Court Ruling Reinforces Fiduciary Duties for Crypto Exchanges The Bombay High Court has upheld an arbitral tribunal’s order holding Zanmai Labs Private Limited—operator of the Wazirx … Read more
Roger Ver, a prominent cryptocurrency investor, has reportedly reached a tentative agreement with the U.S. Justice Department to resolve a criminal tax fraud case brought against him in 2024, according to sources speaking with the New York Times. Report: Crypto Pioneer Roger Ver to Settle With DOJ Federal prosecutors had accused Ver of failing to … Read more
A U.S. federal judge in the Central District of California dismissed a 2022 class-action suit, finding that Yuga Labs’ Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs) do not meet the Howey test for securities. The ruling concluded plaintiffs failed to show a common enterprise or a reasonable expectation of profits tied to Yuga Labs’ … Read more
The commission in charge of investigating the Libra incident failed to get hold of the testimonies of several government officials. Karina Milei, the sister of President Milei and General Secretary of the Presidency, has been summoned to testify before the commission but has failed to appear twice. Libra Probe Faces Headwinds: Argentine Officials Fail to … Read more
The UK Treasury is reportedly considering keeping most of the 61,000 bitcoins seized from Chinese fraudsters in 2018, potentially to help address fiscal shortfalls. However, officials have warned against relying on the crypto due to the likelihood of a lengthy legal battle. Legal Warnings Over 61,000 BTC Seizure The United Kingdom (UK) Treasury is reportedly … Read more
A Chinese national has been convicted in the UK for masterminding a fraudulent crypto scheme that defrauded more than 128,000 victims of over 61,000 bitcoins. Global Investigation and UK’s Largest Seizure A Chinese national has been convicted in the United Kingdom (UK) for her role in a fraudulent cryptocurrency scheme that fleeced over 61,000 bitcoin … Read more
The CEO of a cryptocurrency exchange Zondacrypto has described Poland’s interpretation of the EU’s Markets in Crypto-Assets regulation (MiCA) as a “major step backwards.” Key Criticisms of the Crypto-Asset Market Act The CEO of a Polish cryptocurrency exchange has joined a growing list of stakeholders criticizing the country’s interpretation of the European Union’s Markets in … Read more
FTX Recovery Trust filed a Delaware adversary complaint seeking to claw back $1.15 billion from Genesis Digital Assets and affiliates, alleging Alameda-funded investments were fraudulent transfers financed with commingled customer money. FTX Estate Sues Genesis Digital Assets The complaint, lodged Sept. 22, 2025, targets Genesis Digital Assets (GDA) entities and co-founders Rashit Makhat and Marco … Read more
A $200 million crypto Ponzi scheme has unraveled, exposing a vast global fraud that lured 90,000 investors with fake returns and funded outrageous luxury spending. CEO Pleads Guilty in $200M Global Crypto Ponzi Scheme The U.S. Department of Justice (DOJ) announced on Sept. 17 that the chief executive of a global bitcoin investment venture has … Read more
Colorado slams fraudulent crypto scheme with $3.34 million judgment as hype-fueled token collapse exposes lavish misuse of investor funds. Colorado Court Slams Indxcoin Founders With Multi-Million Dollar Fraud Judgment The Colorado Division of Securities announced on Sept. 16 that Denver District Court Judge Heidi L. Kutcher ruled against Indxcoin LLC and its founders, Eli and … Read more
